“Laura Ashley’s empowered business model and strong group of high-quality partners make the brand a perfect addition to Marquee Brands. “We are excited to leverage the strong affinity for this iconic brand and drive expansion through new platforms and partnerships,” he said. Heath Golden, CEO of Marquee Brands. “With the existing team in the UK, we are primed and ready to build on Laura Ashley's seven-decade legacy to unlock its future potential as a complete lifestyle brand that innovates new products and categories, offers unique collaborations and engages audiences. multigenerational in key markets. world.”
Marquee Brands has acquired Laura Ashley, the iconic British lifestyle brand, expanding its more than $4 billion portfolio and opening its first European headquarters in London. By retaining the team based in the UK, the acquisition leverages Laura Ashley's seven-decade legacy and empowered business model to enhance its presence in more than 80 countries, driving innovation, collaborations and global growth.
“As a company that actively invests in and revitalizes iconic brands such as Laura Ashley, we acquired the British insolvency brand in 2020 and built a flexible, scalable licensing business and global e-commerce presence over the past four years,” he said. Tobias Nanda, Brand Director at Gordon Brothers. “We couldn't be prouder of Laura Ashley's growth under the leadership of Carolyn D'Angelo, former president of Laura Ashley, and we know the brand is in the right hands for continued global growth under the leadership of Marquee Brands.”
Building on its reputation for scaling iconic brands, Marquee Brands integrates Laura Ashley into its portfolio as a globally recognized lifestyle brand with a fully licensed operating model spanning the US, UK, Japan, South Korea and others. leading markets in Asia. Laura Ashley operates in more than 200 lifestyle categories through a network of more than 100 authorized partners with products available in thousands of retail locations. By leveraging its global network, Marquee Brands is poised to deepen Laura Ashley's presence, driving new business across North America, Latin America, Asia Pacific, EMEA and other key regions.
The acquisition of Laura Ashley marks the culmination of a transformative year for Marquee Brands. To support its accelerated growth to $4+ billion and its commitment to growing organic revenue, Marquee Brands strengthened its executive team with the appointments of Rachel Terrace as Chief Commercial and Growth Officer, John Hayes as Chief Financial Officer, Joseph Zarro as Chief Business Development Officer and Natasha Fishman as Chief Financial Officer. marketing. The addition of industry leaders has been instrumental in shaping Marquee Brands' upward trajectory. With key leadership in place, Marquee Brands enters 2025 well positioned to drive expansion, optimize operational efficiency and foster sustainable growth across its expanding portfolio.
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Fiber2Fashion News Desk (RM)
